Tallahatchie Valley Electric

About Tallahatchie Valley Electric

Tallahatchie Valley Electric is an electricity cooperative. The largest city serviced by the provider is Grenada, but the company also supplies electricity to 7 cities in Mississippi. The provider has 6 industrial customers, 21,474 residential customers and 6,575 commercial customer accounts. The residential electricity price for patrons of Tallahatchie Valley Electric is, on average, 13.51 cents per kilowatt hour, which is 0.49% lower than the state's average price of 13.58 cents. This ranks the supplier 20th lowest for average electricity rate out of 50 suppliers in the state. The supplier had total sales and disposition of 694,262 megawatt hours in 2022, of which 649,595 megawatt hours were via retail sales. The megawatt hours sourced by the supplier primarily came from megawatt hours that they procured via the wholesale market. They purchased 694,262 wholesale megawatt hours. In 2022, the company made a total of $75,565,000 from retail electricity sales to end users. Their revenue from all electricity related activities was $80,730,500.

The US average monthly residential power bill is $135.34, while the Tallahatchie Valley Electric average is 14.75% more at $155.31 per month. Tallahatchie Valley Electric ranks 2361st in the US for average monthly bill amount. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.